Pepkor hit by R1.2bn writedown as building market contracts

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

The writedown of its Building Company could result in earnings falling by about a third, due to a slowdown in the market

Pepkor, previously Steinhoff Africa Retail, said on Thursday earnings for its year to end-September may fall by a third due to a contraction in the building materials market.

The company has written down its specialised materials company, The Building Company, by R1.2bn, with earnings per share expected to fall by between 22.1% and 32.1% compared with the 83.6c in the prior comparative period. The group, whose brand’s include Pep, Ackermans, Incredible Connection and Timbercity, was a wholly owned subsidiary of Steinhoff until it was listed on the JSE in September 2017.

The Building Company represented 13% of Pepkor’s revenue and 3% of operating profit in the 2018 financial year. Pepkor has reported that its major business segments had performed well, saying its defensive discount and value-market positioning had paid off. Headline earnings per share was expected to rise by 7.7%-17.7% compared with the prior comparative period. Heps strips out one-off items, such as impairments.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 12. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Pepkor hit by R1.2bn writedown as building market contractsThe writedown of its Building Company could result in earnings falling by about a third, due to a slowdown in the market
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »

DIANNA GAMES: Deals worth R1-trillion signed at Africa’s investment marketplaceThe more than 2,000 delegates at the Africa Investment Forum, an initiative of the African Development Bank (AfDB), needed no call to action. 🔒
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »

Pepkor hit by R1.2bn writedown as building market contractsThe writedown of its Building Company could result in earnings falling by about a third, due to a slowdown in the market
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »